| SDOW latest price $22.5700 (-0.4%) ($21.7950 - $22.7100) on Thu. Aug. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.82% (three month average) |
RSI | 52 |
Latest Price | $22.5700(-0.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SDOW advances 0.1% a day on average for past five trading days. |
Weekly Trend | SDOW advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SDOW advance at 0% a week (0% probability) VXX(67%) VIXM(64%) TBT(28%) UUP(23%) EDOC(6%) |
Factors Impacting SDOW price | SDOW will decline at least -0.91% in a week (0% probabilities). IVE(-92%) XLF(-90%) SPY(-90%) IWD(-90%) VYM(-89%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.91% (StdDev 1.82%) |
Hourly BBV | 0.3 () |
Intraday Trend | 1.1% |
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